The relationship between the characteristics of the board of directors,the ownership structure,and the delay of the audited report

Published October 9, 2019
Nazanin Ensafi
Hossein Kazemi

Abstract

Managing today is one of the most controversial topics in accounting research. Because investors are considered as one of the important factors in this issue, the effect of the structure of the board of directors and ownership structure on the timely presentation of these financial reports in the Tehran Stock Exchange was studied and reviewed. The research population was all Tehran Stock Exchange member companies that Using systematic screening and deletion sampling 121 companies were selected from listed companies in Tehran Stock Exchange during the period of 1386-1395 and using the logistic regression method, the hypotheses were tested in the research. The purpose of this study is to investigate the effect of the structure of the board of directors and ownership structure on the timely presentation of these financial reports. The logic of the implementation of the research is descriptive and the information needed to test the empirical research hypotheses has been collected from the databases. This research emphasizes the financial and accounting criteria of companies admitted to the Stock Exchange. In this research, the relationship between independent and dependent variables has been tested by using the actual financial statements of the companies accepted in Tehran Stock Exchange. The results indicate that the board's mandate and the independence of the board of directors have a negative and significant effect on the delay of financial reporting, Management ownership has a negative impact on financial reporting delays But the concentration of ownership and financial knowledge do not have a significant impact on the financial reporting lag.

Section
Articles
Keywords
Board size, Independence of the Board, property management, Concentration of ownership, financial knowledge of the board, Delay in providing Financial reports